Possible over-assessment

5850 Coral Ridge Dr

Coral Springs, 33076 · Broward County, Florida · commercial property · 603 sq ft · Fla. Stat. s.193.011(8)

$357estimated overpaid in property tax / year

The public records suggest this property may be over-assessed, but the comparison is wide enough that we verify it by hand — free, with no obligation — before saying you have a case.

What the public records show

Broward public rollFlorida
Current assessment$274,860
What the comparable sales support$257,444
Estimated over-assessment$17,416 · 6.3%
Comparable basis$474/SF
Estimated tax saved / year$357

Straight from the public Florida roll. The estimated saving applies an estimated composite millage to the over-assessment. We adjust comparables for size, age, and location before we say a word about your property — and we never name owners.

The comparable basis

The 8 comparable sales behind the number

Each comparable is adjusted toward this property for size and age, then we take the median. Owners are never named — only the public sale figures matter.

Comparable sale $/SFAdjusted $/SFSizeBuilt
$248$252700 SF2007
$260$257574 SF2006
$283$282707 SF2003
$345$355789 SF2007
$478$473625 SF2004
$490$476490 SF2005
$457$482635 SF2017
$478$505649 SF2017

Why this is the lever

Fla. Stat. s.193.011(8)

Under s.193.011(8), Just Value must be net of the usual and reasonable costs of sale (customarily ~15%). Where an assessment meets or exceeds the gross price comparable properties actually sold for, it cannot reflect net-of-cost just value, and the Value Adjustment Board can reduce it.

Your free review

See the full comparable analysis and start your review

The number above is free. Enter your email and we'll send the full breakdown for 5850 Coral Ridge Dr and tell you, with no obligation, whether it's worth filing. A licensed Florida agent handles everything from there. You pay only if your value comes down.

Get the full report
No upfront cost. We only get paid if we win your appeal.

More in Broward County

Other Broward County properties over the line